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I don't understand why the Mint put's the date & mint mark on the edge
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<p>[QUOTE="GDJMSP, post: 495750, member: 112"]They put the date, mint mark, and motto on the coins edge because they thought it would be a new and novel idea that harkened back to the days of old when our coins had edge lettering. They thought that collectors and the public would LOVE the idea.</p><p><br /></p><p>It was a marketing attempt in order to try and stimulate the circulation of the $1 coin. They thought that by doing this that they could stimulate interest in the $1 coins so that the public would use them.</p><p><br /></p><p>You have to remember, Congress insisted that the mint come up with some way to make the $1 coin popular, to get it into the news so that the public would be more aware of it. The $1 coins were a monumental failure - nobody would use them. The mint only did what they were told to do.</p><p><br /></p><p>And when the idea was announced, collectors absolutely loved it. Go back and read the old posts on any of the coin forums. It was an exciting idea, it was all that was talked about for a long time. And pretty much everybody said how much they looked forward to getting modern coins with edge lettering - just like the old days.</p><p><br /></p><p>It was only after the coins came out and the public expressed outrage that IN GOD WE TRUST had been removed from our coins etc etc that some of the collectors began to express that they didn't like the idea either. </p><p><br /></p><p>And of course, just like with every other $1 coin there has been since 1795 - the public hated the coins and they would not circulate. The public has always hated the $1 coin - every single one that has ever been made. And no $1 coin in our entire history has ever circulated as it was intended to do. The public just doesn't like them.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 495750, member: 112"]They put the date, mint mark, and motto on the coins edge because they thought it would be a new and novel idea that harkened back to the days of old when our coins had edge lettering. They thought that collectors and the public would LOVE the idea. It was a marketing attempt in order to try and stimulate the circulation of the $1 coin. They thought that by doing this that they could stimulate interest in the $1 coins so that the public would use them. You have to remember, Congress insisted that the mint come up with some way to make the $1 coin popular, to get it into the news so that the public would be more aware of it. The $1 coins were a monumental failure - nobody would use them. The mint only did what they were told to do. And when the idea was announced, collectors absolutely loved it. Go back and read the old posts on any of the coin forums. It was an exciting idea, it was all that was talked about for a long time. And pretty much everybody said how much they looked forward to getting modern coins with edge lettering - just like the old days. It was only after the coins came out and the public expressed outrage that IN GOD WE TRUST had been removed from our coins etc etc that some of the collectors began to express that they didn't like the idea either. And of course, just like with every other $1 coin there has been since 1795 - the public hated the coins and they would not circulate. The public has always hated the $1 coin - every single one that has ever been made. And no $1 coin in our entire history has ever circulated as it was intended to do. The public just doesn't like them.[/QUOTE]
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I don't understand why the Mint put's the date & mint mark on the edge
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